Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Most Famous Blessing 3.9.6 EA and Setfiles
- #922
- Apr 4, 2019 1:13am Apr 4, 2019 1:13am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #923
- Apr 4, 2019 1:24am Apr 4, 2019 1:24am
- Joined Nov 2008 | Status: Trader | 50,214 Posts
I would like share my experience with Blessing 3.9.6.09 This is an EA developed by JTAToday. It is one of the stable EA around. most difficult thing with this EA is set files. I have developed few set files for EURUSD, GBPUSD, XAUUSD. All of them perform well. Good stable returns for anyone who is looking for such. Caution: Use it according to your own risk appetite. Test it well. Also maintain proper Account Balance. Do not use it on small account balances. You can use ex4 version. mq4 is uploaded, for anyone who wants to modify. Not sure why one...
Unfortunately, all good things come to an end.
News I received last week is that jtatoday will end its business in forex trading. I have been their customer for more than a decade and know them well.
Where do we go from here?
Their forum is still available and will be taken down by 1st Oct 2019.
Blessing3 remains free open source and will continue....
you can make some money with B3 but you need to learn it well and have full control how you want it to trade for you.Have Fun while you can make some money.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #924
- Edited 3:21am Apr 4, 2019 3:00am | Edited 3:21am
{quote} Hi cdsaa, Unfortunately, all good things come to an end. News I received last week is that jtatoday will end its business in forex trading. I have been their customer for more than a decade and know them well. Where do we go from here? Their forum is still available and will be taken down by 1st Oct 2019. Blessing3 remains free open source and will continue....
But JTAtoday have given a gift to trading world. we are using Blessing here. and few modifications which have been done by Richard as well. Promising work.
Welcome to the thread Emmanuel. your 10 years experience can help community members.
This thread on Blessing will remain forever. There is no closure for this thread.
Lets hope more supporters and members benefit from this great work from JTAToday.
Rightly pointed out by you, Blessing one needs to learn how it works and then control it. It blends with trader very well. It is a nice tool in the hands of a good trader.
I keep suggesting our members here.. just try and use it on demo to understand how it works, they can also try on a cents account. Trading and using EA allows one to learn better, than just reading and trying to grasp the gist.
I usually set MaxDD to the lowest number possible before it impacts profits. It's usually the last thing I set. I've had a couple cases where I could go down to around 10, but that's rare. Changing that number without backtesting it is likely to negatively impact your setup. But I admittedly haven't forward tested that much. Will be glad to hear your results. It may be possible to start with a low MaxDD number and then tune for it. Haven't had a chance to try that. Seems like it might just work. I'm finally playing with Hedging a bit. Looks very...
I'm fan of volume/price action. Blessing open trade in profit and either trailing-sl follows it or trade goes back in DD and keep floating and hit to max DD.
I've been playing with max dd to 90, 10, 5, and now 2%. Mostly trade meant to open for TP but some goes in dd so should close early and wait for next trade to recover the loss. But if some pair never recover the loss, mean you should remove that pair from the basket. Blessing trades in pattern, if you are caught in WRONG pattern so Blessing can't help you much except keep you in losing pattern. so it's important to get out of bad pattern by closing it early and let Blessing find a profitable pattern for you.
Let's see how 2% testing goes next week. At the end of next week I'll postpone further testing until end of the month. As I need to test another Volume EA for basket trading. Blessing isn't for basket trading but I'm simply testing it, so far XAUUSD, GBPUSD, GBPAUD, GBPCAD, GBPNZD are doing great
Beside demo, i'm live with them.
Okay, here's a 9% MaxDDPercent setup. Higher timeframe as some requested.
Suggest you don't modify MaxDD. Other settings don't do nearly as well.
This has not been forward-tested, so don't trade it live.
Better to fine-tune for your broker first, as always.
Good luck!
Suggest you don't modify MaxDD. Other settings don't do nearly as well.
This has not been forward-tested, so don't trade it live.
Better to fine-tune for your broker first, as always.
Good luck!